Yes, that’s true. it attracts scammers to you, and you may also be stalked and targeted by any means. I do not know what people who brag about their money and the amount of assets they own on social media gain from that.

As an old investor in the crypto market, I have never disclosed how much I own. . First of all, there’s absolutely no benefit in sharing that information, and no one gains anything from knowing what you have, except for those who might try to target and hunt you down.

This opens the doors of trouble for the investor. The amount of crypto or wealth an investor owns  and his financial matters should remain private and never be on forums or websites, as  there are strangers and scammers out there just waiting for an opportunity to set traps.